Answer:
- overtime premiums being charged to the direct labor account
- skilled workers being assigned to jobs requiring little skill.
Explanation:
Unfavorable labor rate variances occur when labor expenses supersede management expectations, thus causing cash flow problems, stagnation of profit, etc. It indicates that the cost of labor is way expensive than anticipated. A number of variations may cause such unfavorable variance. Some of them include staffing variance, pay premium, scheduling problem, etc. Identification of the cause can help to prevent their impact and or limit their impact.
1. Free trade, which is the capitalist economy model,in an increasingly interdependent economy, calls for the raising of all trade regulations.
2.protectionism policies ( often used by communist nations like china countries protect some parts of the economies than others)
3.trade wars like those taking place between the usa and China
